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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Sojourner Smith who wrote (4757)11/6/2002 2:31:59 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
DOW will just have to step on the 8700 mat a few more times before it gets pulled out.
50 bp should and will be seen as desperation in economy of despair.
The cuts mean zilch to the consumer, who are tapped out and already driving around zero % financed cars to 6% negative equity homes.
edit- see it already did
DOW 8652 and tumbling